Market Flux Event
Markets Mixed as Tech Attempts Recovery While Dow Slides
Major indices closed with divergent results as the Nasdaq Composite finished essentially flat, up just 1.08 points to 26,364.52, while the S&P 500 fell 0.15% to 7,711.93 and the Dow dropped 463.39 points. Market volatility declined sharply, with the VIX falling to 42, its lowest level since May 22nd. Individual stocks showed mixed performance, with Joby Aviation rallying while Etsy and Inseego declined following weak guidance.
Semiconductor stocks remained under pressure, with the SMH index still trading 14% below its June 22 record high. Active trading concentrated in major technology names including NVDA, TSLA, AAPL, and AMD.
© AI-generated summary is provided by Market Flux
Sources
- youtube.comBull v. Bear: NVDA Rebound This Week
- MikeZaccardi$SMH still 14% below its June 22 record high... Some techy thoughts from me on @stockcharts :
- MarketRebelsActive options: $NVDA $SPCX $TSLA $AAPL $AMD $AMZN $GOOGL $MU $INTC $PLTR $META $NFLX $GOOG $UBER $SOFI
- Seeking AlphaMost and least shorted communications services stocks with up to $2B market cap as of end-July
- MarketWatchDow falling in final hour, while Nasdaq attempts to eke out gain — live
- InvestingWhy is Etsy stock sliding today?
- FirstSquawkNASDAQ COMPOSITE UNOFFICIALLY ENDS SESSION HIGHER BY 1.08 POINTS, OR 0.00 PERCENT, FINISHING AT 26,364.52 S&P 500 INDEX UNOFFICIALLY ENDS SESSION LOWER BY 11.62 POINTS, OR 0.15 PERCENT, FINISHING AT 7,711.93 DOW JONES INDUSTRIAL AVERAGE UNOFFICIALLY ENDS SESSION LOWER BY 463.39
- MorningstarIncPassive funds still hold the advantage overall, but some corners of the market continue to reward active management. See where the odds are in your favor.